Ritesh Agarwal Says OYO To Turn Profitable In Q2FY24
Hold on to your hats because change is in the air in the hospitality industry! The parent business...
OYO
OYO
10 most successful tech startups of the decade 2010-2020
Startups are recently founded companies that are frequently modest in size and have avant-garde concepts or goods. Entrepreneurs...
Sebi returns OYO’s draft IPO papers; asks to refile with updates
SEBI, the capital markets regulator of India has ordered Oravel Stays Ltd, the parent company of travel-tech firm OYO,...
OYO to cut 10% employee base, to let go 600 from tech and hire 250 in sales
According to recent reports, OYO has made an announcement regarding cutting 600 jobs in the technology and verticle...
IPO-bound OYO’s EBITDA rises 8 times despite net loss of 333 crore rupees
According to recent reports, OYO’s adjusted EBITDA for Q2 grew eight times from ₹7 crores in Q1 to...
MakeMyTrip, Oyo fined by the CCI for anti-competitive behaviour The online hotel booking giants have been called for their regulations which tend to suppress economic competition.
On Wednesday, October 19, the Competition Commission of India (CCI) reported that it had penalised the online travel...
OYO IPO Valuation Falls In Private Market After SoftBank’s Reported Markdown
According to the latest reports, OYO’s IPO valuation has gone down by USD 6.5 billion. Approximately 12.3 lakhs...
Oyo Rooms operational revenue increases: files papers for IPO
According to the latest reports, Oyo Rooms based in Gurgaon, Haryana, witnessed its operating revenue increase by 18...
Oyo Set to Retract their IPO “This isn’t the best of times for any IPO,” said Ashutosh Sharma, head of research, Forrester Research Inc.
Oyo Rooms has come out to say that the company will not be going public and will be...
Oyo Acquires Direct Booker for Rs. 40 Crores The Croatia-based company is one of the top performing ‘Airbnb alternatives’ and runs a partner network of apartments and villas to handle bookings.
It has been a few quiet months for Oyo Rooms but now they are back in the headlines...